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Compass Point Maintains East West Bancorp(EWBC.US) With Buy Rating, Raises Target Price to $110

Futu News ·  Oct 24 21:31  · Ratings

Compass Point analyst Dave Rochester maintains $East West Bancorp (EWBC.US)$ with a buy rating, and adjusts the target price from $93 to $110.

According to TipRanks data, the analyst has a success rate of 66.4% and a total average return of 10.6% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $East West Bancorp (EWBC.US)$'s main analysts recently are as follows:

  • Following a third-quarter operating EPS beat, estimates for the fourth quarter and full year 2025 EPS were increased, reflecting a more robust net interest margin and slightly higher fee revenue growth.

  • The recent Q3 outcomes and growth projections for East West Bancorp were more reassuring than anticipated. Despite expectations for moderately subdued growth in the forthcoming quarters, the bank's asset-sensitive balance sheet is poised to sustain the net interest margin around the present figures.

  • The bank's net interest income outlook is bolstered by spot rates on deposits and positive balance sheet trends, while the management is focused on augmenting the bank's capital to levels that lead the group.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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